Investment and Loan Planning. The employee credit union at State University is planning the usage of funds for the coming year. The credit union makes four types of loans to its members. In addition, it invests in "risk-free" securities in order to stabilize income. The various revenue - producing investments together with annual rates of return are as follows: State laws and credit union policies impose the following restrictions on the composition of the credit union's loans and investments: "Risk - Free" securities may not exceed 30% of the total funds. Signature loans may not exceed 25% of total loans Furniture loans plus "other secured loans" may not exceed 50% of the total of the three types of secured loans Signature loans plus "other secured loans" may not exceed the amount invested in "Risk - Free" securities. If the firm projects $1,000,000 available for loans and investments during the coming year, how should the funds be allocated to each of the investment alternatives in order to maximize total annual return? i cant get the numbers correct i the excel solver data. please help!

Investment and Loan Planning. The employee credit union at State University is planning the usage of funds for the coming year. The credit union makes four types of loans to its members. In addition, it invests in "risk-free" securities in order to stabilize income. The various revenue - producing investments together with annual rates of return are as follows: State laws and credit union policies impose the following restrictions on the composition of the credit union's loans and investments: "Risk - Free" securities may not exceed 30% of the total funds. Signature loans may not exceed 25% of total loans Furniture loans plus "other secured loans" may not exceed 50% of the total of the three types of secured loans Signature loans plus "other secured loans" may not exceed the amount invested in "Risk - Free" securities. If the firm projects $1,000,000 available for loans and investments during the coming year, how should the funds be allocated to each of the investment alternatives in order to maximize total annual return? i cant get the numbers correct i the excel solver data. please help!

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

See similar textbooks

Similar questions

What is the brain or main chip of a computer called? The ROM-BIOS The motherboard (The CPU The RAM
Cal3Hw1Q1
ax 2 + a2x− ax
Part 3 of 3 (c) A 5 and a club P(5 and club)
C(11,8)=
SEPTEMI 4-30 5 1 Replace the ineg VI
I need help answering part b and c